Motor Portfolio Policies
If you own several vehicles, a great way to insure them is to wrap them up with your home insurance on a Portfolio Policy. We can look after your family cars, high performance and classic motors, motorbikes – and your kids’ vehicles too, while they’re still registered at your address.
Motor insurance claims can be the biggest headache of all – but on a Portfolio Policy, it’s like flying Club Class. And for “no-fault” claims (fire, theft, vandalism), there’s no penalty on your next premium.
A client’s Aston Martin DB6, inherited from his father, was insured for £100,000. On the way to a family event the DB6 was hit and damaged extensively. The insurer chauffeured the client and his wife to the event, then took the car to his preferred garage.
Repairs were estimated at £110,000. Most insurers deem a car a write-off if repairs cost over 60% of its value. With a Portfolio Policy the client could choose a £100,000 cash payment – but because of the sentimental value he chose repair.
The insurer paid over the Agreed Value and charged no excess as it was a total loss. The car was returned in 6 weeks in perfect order.
Specialist & Independent
La Playa Private Client creates a safe space for you to live life to the full, enjoying your family, friends, and assets wherever you are in the world - without worry or hassle.
We can make sense of all your insurance needs - property, yachts and superyachts, high-performance and classic cars, private jets, art, wine and jewellery collections – and your liabilities too. We can pull multiple assets together on a single “portfolio” policy – or if you prefer, take care of each item separately.
Amid the impersonal and automated world of large insurance corporations, La Playa provides a refreshingly boutique-style service, with individual advice, and cover based on in-depth understanding of your specific situation. After a detailed and confidential review of your needs and priorities, we’ll structure your insurance arrangements so you know you and your family are protected, come what may.
In-house Wealth Management
We also offer Investments & Pensions and Financial Planning: a joined up approach with a team of advisers working for your best financial interests - all under one roof.
Advice you can trust
…from an expert who understands you